The Block

Bitcoin scaling layer Citrea rolls out CTR token and dual treasury model theblock.co/post/399867/bi…

SOL Strategies to acquire cross-chain swap aggregator Houdini for $18 million theblock.co/post/399844/so…

ICYMI: Here’s a quick news wrap from the weekend at @TheBlockCo 🏛️ Coinbase said a deal had been reached on stablecoin yield under the Clarity Act, potentially clearing the path for a long-stalled Senate markup. 🇮🇷 Iranian crypto exchange Nobitex was founded by sons of an elite political family tied to the country’s supreme leadership, per Reuters. 📊 CryptoQuant said bitcoin’s April rally appear to be a "speculative rally" rather than fundamental buying support, increasing the risk of a correction. 📝 BlackRock urged the OCC to drop its tokenized reserve cap idea and expand eligible assets in a GENIUS Act comment letter. ⚖️ Creditors tied to North Korea terrorism cases moved to seize Arbitrum-frozen Kelp DAO ETH ahead of a DeFi United vote. 💵 The New York AG reached a $5 million settlement with Uphold in its first enforcement action targeting a crypto yield product promoter.

ICYMI: @Strategy will NOT be buying bitcoin this week Michael Saylor said his company will pause weekly BTC acquisitions this week on Sunday. This comes ahead of Strategy’s Q1 earnings report, scheduled for Tuesday. Wall Street estimates $18.98 loss per share for this Q.

North Korea blames 'reptile media' over reports of crypto theft theblock.co/post/399854/no…

Kraken parent Payward completes Bitnomial acquisition, unlocking US crypto derivatives offering theblock.co/post/399851/kr…

🎉 Edition 50 of my newsletter, The Funding, is live — and it turns 2 today! Many thanks to @FrankResearcher, @AllBusinessPump, @evgeny_re7, @franciszhan, @ani_pai, @HadickM, @tklocanas, @bees_neeth, @samantha_bohbot, and @MathijsM11 for sharing insights 🙌

The Funding: How DeFi hacks could hit crypto funds theblock.co/post/399840/th…

Bitcoin rises past $80,000, breaking 'major' psychological resistance zone theblock.co/post/399835/bi…

Michael Saylor's Strategy pauses weekly bitcoin purchases ahead of Q1 earnings release theblock.co/post/399828/st…

JUST IN - BITCOIN CLIMBS ABOVE $80,000.

New York AG settles for $5 million with Uphold in first enforcement action against a crypto yield product promoter theblock.co/post/399825/ne…

North Korea terrorism creditors move to seize Arbitrum-frozen Kelp DAO ETH ahead of DeFi United vote theblock.co/post/399819/no…

Markets never close anymore. Andre Frank COO at @tassatgroup explains that 24/7 trading is forcing a rethink of regulation and capital efficiency.

We finally have a deal for stablecoin yield — crypto platforms won't be able to pay interest just for holdings, but will be able to reward "bona fide" usage. What will this look like in practice? Too soon to say, but there's a lot of interesting wording in the bill 🔗⬇️

BlackRock urges OCC to drop tokenized reserve cap idea, expand eligible assets in GENIUS Act comment letter theblock.co/post/399812/bl…

CryptoQuant says bitcoin's April price surge was 'speculative' as spot demand remains weak, warns of correction risk theblock.co/post/399790/cr…

Leading Iranian crypto exchange Nobitex was founded by sons of elite political family tied to supreme leaders: Reuters theblock.co/post/399784/le…

Coinbase says deal reached on Clarity Act stablecoin yield, clearing path to long-stalled Senate markup theblock.co/post/399780/co…

Stablecoins that pay you in real time. Jerald David CEO of @Lynq_Network says you can now hold dollars and earn yield in real time without the old TradFi rules.